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Transcripts For BBCNEWS Verified 20240704

Energy and Climate Change are hotting up too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. Its also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to keep the Fossil Fuel Industry in business. The Prime Minister on a visit to aberdeenshire argued todays announcements would help the uk reach its net zero target by 2050 while still backing new oil and gas. Even in 2050, when we are at net zero, it is forecast that around a quarter of our energy needs will still come from oil and gas. Thats why technologies like Carbon Capture and storage are important. But what is important is that we get the oil and gas in the best possible way, and that means getting it from here at home. The conservatives have been keen to

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Transcripts For BBCNEWS The Papers 20240707

hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are two authors and journalists they are yasmin alibhai brown, and emma woolf. tomorrow s front pages starting with. and daily mail focusses on russia carrying out missile strikes across ukraine, hitting civilian areas in the capital, kyiv, and many other cities the day death rained from the sky is it s frontpage. he describes the scene the day death reigned from the sky and it is a situation report byjournalist on the ground. the guardian quotes president zelensky pleading for more help to moscow s terrorists attacks. elsewhere, the i newspaper predicts a make or break week for the pm and her tory mps after a difficult party conference truss faces showdown with rebels is it s headline. the ft says kwasi kwarteng and the bank of england have failed to calm financial markets as borrowing costs soar once more. senior tories tell the paper, the chancellor will struggle to come up

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Transcripts For BBCNEWS The 20240701

but on paper, the deal secured in dubai this morning is hugely significant. for the first time ever, there is language and a commitment to move away from fossil fuels. its impact, of course, will depend in large part on whether the signatories actually take steps to implement what they have agreed in the coming decade. after all, some of those countries included the united states, australia, canada, norway, who right now are expanding their already significant oil and gas production. there are many who had wanted a strongerform of words particularly the smaller island states, who are already facing the consequences of a warming planet. from dubai, our climate editor justin rowlatt sent this report. we waited and we waited, and then. hearing no objection, it is so decided. ..with the bang of a gavel, the deal was done. applause and it got a standing ovation. so the hammer has just gone down here in dubai, and that is the fastest that an agreement text has ever been agreed. t

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